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More than 20 firms including Mace, Morgan Sindall and Mott MacDonald have signed up to the pilot phase of the government’s Value Toolkit, which aims to help clients make decisions based on the overall value that could be delivered by a construction project.
The toolkit, alongside the government’s Construction Playbook, is designed to encourage construction projects to deliver better environmental, social and economic outcomes. The initiative also aim to prompt public sector clients to see beyond the cheapest tender option when evaluating bids for new work.
Construction minister Anne-Marie Trevelyan said: “Bringing together knowledge from over 200 experts from across government and industry, this toolkit will make it easier to determine the social and environmental benefits of the decisions made by firms in the construction sector, helping it continue its drive to cut emissions and build back better from the pandemic.”
By Jordan Marshall2021-04-26T05:00:00+01:00
Final version of a suite of tools to help clients maximise value expected later this year
The Construction Innovation Hub has launched the pilot of its value toolkit having signed up 20 construction firms to take part.
The pilot phase, which will run over the next six months, will involve testing the toolkit’s processes and suite of tools with clients and construction professionals before the final industry-wide version is unveiled later this year.
Feedback will be used by the Hub, a £72m government-backed R&D programme, to fine-tune the toolkit so it delivers maximum benefit for as wide a range of clients as possible.
By Flora Samuel
Flora Samuel looks back at the recent history of social value and finds much to celebrate
“In the context of the built environment, social value is created when buildings, places and infrastructure support environmental, economic and social wellbeing, and in doing so improve the quality of life of people.” This definition of social value, recently published by the UK Green Building Council, will I hope become the standard for the industry.
The team have done a remarkable job in developing a diagram that somehow morphs Kate Raworth’s famous Doughnut and the commonly used triple bottom line of sustainability – social, economic and environmental. For me, as argued in the social value toolkit for architecture, we have to keep referring back to that triple bottom line as the basis of everything we do, not only because it aligns with the government’s